Online Stock Trading

CANSLIM STOCKS REACH 100% active

Yesterday’s market follow through brought out CANSLIM stocks…

I still would proceed here with caution. Volume wasn’t particularly high but, we did follow through…so here we go with a few names.

ADS/ADM/ABFS/BLKB/CHRW/CHH/CBK/CTXS/XTXI/CMI/CYBS/EXPD FTI/GRMN/IBCA/JLL/KNOT/LVS/NPSI/ODFL/PTSI/R/UARM

I’d take 75% of your normal trade as I believe we aren’t in an environment where […]

Follow through on day 12…

Follow through…I’ll post some names tomorrow morning that’ll I’ll be watching…UARM is one of them.
 
Too tired…
 
MktSpec

Morning Rally

Tough to tell if this morning’s rally is due to shorts coming in and covering or
if its the big boys coming in and buying ahead of the FED.
My guess is shorts are covering this morning, going in flat before the FED.
Keep an eye and ear on the action.
MktSpec

End of Day rally helps push stocks to positive territory

Market gets late day push from investors avoiding consecutive negative trading sessions.  Again, volume came lower on this market rally.  The trend is continuing with rallies where volume is weak and lower than the prior trading session.  NYSE volume came in at 1400.7mm down 6% and Nasdaq composite 1210.5mm down 9%.  Clearly […]

A scene out of Monty Python and the Holy Grail…RUNAWAY

Stocks certainly slump, coming in with a distribution day today.  Although volume came in light it was a distribution day nonetheless.  S&P600 led the charge down losing 1.58% followed by the Nasdaq down 1.57%.  NYSE volume surged to 1490.5mm up 15.35% and the Nasdaq 1334.72 up 24.26% giving us the distribution […]

Day 9 ends with the Market higher but absent from the party, volume.

Day nine of our attempted rally ended with the S&P 600 leading the charge up 1.07%.  Market tone hasn’t changed, volume fell on the NYSE and Nasdaq.  We still could see an attempted rally tomorrow but with lack of volume and leadership (CANSLIM still 50% active) I still don’t see any […]

I’m BACK…

Cue in Back in Black…
Throughout today, I hope to get back up to speed…we are in Day 9 of an
attempted rallyl…AAII bear index has taken out the AAII bull index…sellers
may by finally done…but that doesn’t mean we head higher…stay patient.

Triple witching Friday brings stocks a distribution day

Triple witching Friday boosted volume for stocks. Triple witchings will bring extra volume to stocks. Day 3 + a distribution day (despite a triple witching Friday) + lack of leadership make me continue to believe we are not going to confirm this recent rally. However, Monday is Day 4 and we’ll wait […]

keep looking »